Same ownership definition

Same ownership means owned by the same person or persons, except that parcels owned by different persons are deemed held by the same ownership if the parcels are:
Same ownership means an ownership interest in land in fee or equity by the same person or in joint or co−ownership, whether owned by one owner “and” another or one owner “or” another, as indicated on the instrument of title.
Same ownership means ownership by the same person, corporation, firm, entity, partnership or unincorporated association; or ownership by different corporations, firms, partnerships, entities or unincorporated associations in which a stockholder, partner or associate, or a member of his or her family, owns an interest in each corporation, firm, partnership, entity or unincorporated association.

More Definitions of Same ownership

Same ownership means any allotment or allotments where the registered proprietor is, or proprietors are a member of the same family. For the purpose of this definition, “same family” includes a company where the director, directors or shareholders are members of the family or a trustee of a trust where the beneficiaries of that trust are one or more members of the family.
Same ownership means ownership by the same person or entity or by successor persons or entities as a result of succession to heirs and personal representatives, corporate and partnership reorganizations, mergers, dissolutions, divestitures, partnerships, partitions, joint ventures, foreclosures, receivership or bankruptcy, purchase of capital stock, sale pursuant to United States Code, title 11, or similar succession, but not by outright sale to a bona fide purchaser for value where no portion of or beneficial interest in the successor in interest is retained by the original owner, its shareholders, partners, limited partners or beneficiaries.
Same ownership means one manufacture is at least
Same ownership means having identical owner(s) and identical percentage of ownership if there are multiple owners.
Same ownership means ownership by the same person, corporation, firm, entity, partnership or unincorporated association; or ownership by different corporation, firms, partnerships, entities or unincorporated associations, in which a stockholder, partner or associate, or a member of his family owns an interest in each corporation, firm, partnership, entity or unincorporated association. (Ord. 4A-78 (part): prior code § 30-73 (part))
Same ownership means at least 75 percent ownership or

Related to Same ownership

  • Constructive Ownership means ownership of Shares by a Person, whether the interest in the Shares is held directly or indirectly (including by a nominee), and shall include interests that would be treated as owned through the application of Section 318(a) of the Code, as modified by Section 856(d)(5) of the Code. The terms “Constructive Owner,” “Constructively Owns” and “Constructively Owned” shall have the correlative meanings.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.